White Mountains Insurance Group (NYSE:WTM) Downgraded by Wall Street Zen to Sell

Wall Street Zen downgraded shares of White Mountains Insurance Group (NYSE:WTM) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.

Separately, Weiss Ratings lowered shares of White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock opened at $2,126.54 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.89 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group has a 1 year low of $1,648.00 and a 1 year high of $2,333.00. The company has a market cap of $5.27 billion, a PE ratio of 5.23 and a beta of 0.32. The company’s 50-day moving average is $2,218.99 and its two-hundred day moving average is $2,099.08.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%.The firm had revenue of $517.80 million for the quarter, compared to the consensus estimate of $515.40 million.

White Mountains Insurance Group Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Wednesday, March 25th. Investors of record on Monday, March 16th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a yield of 5.0%. White Mountains Insurance Group’s dividend payout ratio (DPR) is presently 0.25%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Miller Global Investments LLC acquired a new stake in White Mountains Insurance Group during the 4th quarter worth approximately $25,000. Torren Management LLC acquired a new stake in White Mountains Insurance Group during the 4th quarter worth approximately $27,000. Smartleaf Asset Management LLC raised its holdings in White Mountains Insurance Group by 100.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after buying an additional 7 shares during the period. Global Assets Advisory LLC acquired a new stake in White Mountains Insurance Group during the 1st quarter worth approximately $33,000. Finally, Geneos Wealth Management Inc. raised its holdings in White Mountains Insurance Group by 325.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after buying an additional 13 shares during the period. Institutional investors own 88.65% of the company’s stock.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.